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Bauxite boom underpinning capesize rates seen easing for 2025

Driven by expanding exports from Guinea, bauxite accounts for 11% of capesize demand, compared with 4% eight years ago

UAE-backed Guinea Alumina Corporation says it is pushing ahead with plans to build an alumina refinery as the West African government signals it wants to refine more bauxite rather than exporting the raw material

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